PENANG, MALAYSIA – In a move to broaden its revenue base, PCB maker Guh Holdings is expanding into the electric vehicle business with the recent acquisition of a 70% stake in Star Wheels Electronics, a company involved in the sales, distribution, manufacturing, assembly and repair of electric scooters, hoverboards and spare parts.

TAIPEI – While 2022 was an outstanding year for the global PCB industry, with output seeing 3.2% annual growth to reach $88.2 billion despite negative factors like geopolitics, high inflation and high inventories, but those negative factors will likely continue to affect the industry for at least the first half of 2023, according to guidance from the Taiwan Printed Circuit Association.

QINGYUAN CITY, CHINA – Camelot Electronics Technology plans to invest around $339 million to expand its printed circuit board fabrication operations.

SANTA ANA, CA – TTM Technologies announced this week that it will close three PCB manufacturing operations in Anaheim and Santa Clara, CA, and Hong Kong, and plans to consolidate the business from these sites into its remaining facilities.